Let’s tackle some myths about millennials, spending, student debt, and homeownership.
Retail Vacancy Rates at Lowest Levels Since Q2 2020 With people returning to physical stores and food and drinking places, demand for retail space in Q2 2021 exceeded pre-pandemic peak levels. By: Brandon Hardin Retail Properties Original source: https://www.nar.realtor/blogs/economists-outlook/commercial-weekly-retail-vacancy-rates-at-lowest-levels-since-q2-2020
There is strong recovery in the multifamily, industrial, and retail property markets, while the recovery has not been as robust in the office and hotel property markets. Original source: https://www.nar.realtor/commercial-market-insights/september-2021-commercial-market-insights
NAR analyzed 390 commercial real estate markets and found a robust recovery with positive net absorption and strengthening rents across the multifamily, industrial and retail property markets as economic production rebounds to pre-pandemic levels. Original source: https://www.nar.realtor/newsroom/nar-identifies-americas-top-10-commercial-office-markets-of-2021
New research from the Association of Foreign Investors in Real Estate may show that global buyers with long-term goals still have an appetite for U.S. real estate. Original source: https://www.nar.realtor/commercial-connections/cross-border-caution
Commercial real estate owners and managers are feeling increasing urgency to boost the energy efficiency of existing and new buildings. Original source: https://www.nar.realtor/commercial-connections/green-by-necessity